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Maine to Receive $1.9M in Settlement with Bitcoin Kiosk Operator

On Monday, the Maine Bureau of Consumer Credit Protection announced a $1.9 million consent agreement with Bitcoin Depot to compensate defrauded Maine consumers.
Scammers persuaded victims to use Bitcoin kiosks to send cryptocurrency to unhosted wallets, while Maine's consumer-protection laws enabled the bureau to pursue the case and reach a consent agreement.
To receive repayment, claimants must have used a Bitcoin Depot kiosk in Maine between 2022 and 2025 and submit claims through the bureau's website by April 1, 2026, with refunds expected in May 2026.
As part of the consent agreement, Bitcoin Depot must send a $1.9 million check to Maine's attorney general by Feb. 2 and comply with state consumer-protection rules, following a two-year probe by bureau investigators.
FBI data show growing national losses from crypto ATM scams hit $333 million in 2025, while Gov. Janet Mills' laws and 3 percent fee cap risk prompting operators to leave Maine amid new 2025 regulations in other states.

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Lean Left

Bitcoin Depot, a top crypto ATM vendor, to pay nearly $2M to compensate fraud victims

Cryptocurrency kiosk vendor Bitcoin Depot has agreed to pay the state of Maine nearly $2 million as part of a settlement to compensate victims of fraud.

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Maine to receive $1.9M in settlement with Bitcoin kiosk operator

The Bitcoin kiosk operator will pay $1.9 million that was stolen by third-party scammers who defrauded Maine consumers through the company's kiosks.

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Bangor Daily News

Lean Left

Maine wins $1.9M in settlement with Bitcoin kiosk operator

A company that operates ATM-like Bitcoin kiosks in Maine will pay the state $1.9 million in a settlement intended to reclaim money that scammers took from Mainers through the kiosks. The Maine Bureau of Consumer Credit Protection announced the consent agreement with Bitcoin Depot on Monday. Mainers who were scammed at a Bitcoin kiosk may be eligible to claim some of the settlement under a process laid out by the bureau. The consent agreement als…

2 days ago·Bangor, United States

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